The Aerospace Industry Trade Balance in France has shown significant variability between 2013 and 2023. The actual value in 2023 stands at 35.37 billion USD, reflecting an 11.92% year-on-year increase. The industry faced substantial declines in 2015, 2016, 2017, and 2020, but saw recovery spikes in 2018 and 2022, indicating resilience and cyclical growth.
Future forecasted data from 2024 to 2028 suggests steady growth, with a 1.07% forecasted CAGR over the next five years. By 2028, the trade balance is projected to reach 37.83 billion USD, marking a slow but positive growth trajectory.
Trends to watch for:
- Technological advancements and innovation in the aerospace sector.
- Global economic conditions affecting trade policies and demand.
- Environmental regulations and emphasis on sustainability.
- Supply chain dynamics and resurgence post-pandemic recovery.